P7-3 (Algo) Evaluating Four Alternative Inventory Methods Based on Income and Cash Flow LO7-2, 7-3 At the end of January of the current year, the records of Donner Company showed the following for a particular item that sold at $16.00 per unit: Transactions Inventory, January 1 Units Amount 500 $2,650 Purchase, January 12 640 4,672 Purchase, January 26 110 1,023 Sale Sale (390) (200)